A timely, practical, and concise handbook of best practices fornonprofit financial management
In 2010 an estimated 325,000 charities, membership groups, andtrade associations?with small nonprofits disproportionatelyrepresented?stand to lose their tax exemptions for failure tocomply with financial management requirements. Nonprofit FinancialManagement: A Practical Guide is a timely, functional, and concisehandbook of best practices for nonprofit organizations of everysize.
* Addresses federal reporting requirements and discusses methodsto decrease expenses, ensure accounting control, increase revenuesthrough professional cash management, and understand budgetstatements
* Explains how to read financial statements and analyze anonprofit's financial condition by using the most recent IRS 990reporting form
* Covers the full range of financial-management topics, includingaccounting, internal controls, auditing, evaluating financialcondition, budgeting, cash management and banking, purchasing andcontracting, borrowing and risk management
Written in an easy-to-read style, with more than 100 exhibits,this book is essential for every nonprofit financial manager.